The Fifth Circuit has ordered the dismissal of a lawsuit filed by automotive component supplier Continental against Internet of Things (IoT) licensing platform Avanci, LLC and several licensing partners. On February 28, the court determined that the plaintiff was not an “intended beneficiary” of the Avanci patent owners’ contractual commitments to license their standard essential patents (SEPs) on fair, reasonable, and nondiscriminatory (FRAND) terms. As a result, the Fifth Circuit ruled that the company had not suffered a sufficient injury from the defendants’ refusal to grant it a license, which in turn deprived it of Article III standing.